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Chun Bong Lai
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Owner @ Trade ETF Funds. Owner @ Math365 Learning. MS Finance. MBA Candidate. + loves to trade stocks + loves to travel + loves to take pictures + loves to teach + loves symbols + loves Lady Gaga FB me: fb.com/loololool Like Math365 Learning: fb.com/math365learning Follow Math365 Learning:... More
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  • Notable Stock Picks [Thursday April 7 2011] 0 comments
    Apr 6, 2011 6:32 PM | about stocks: RAD, PIR, PBY
    1. The Pep Boys – Manny, Moe & Jack (NYSE: PBY)
     
    Year first opened: 1921
    Estimated number of employees: 12,169
     
    PBY is a leading automotive retail and service chain – specializes in the automotive aftermarket industry. Its retails sell automotive parts, tires and accessories, automotive maintenance and service, and the installation of parts.
     
    Competitors:
    Advance Auto Parts Inc. (NYSE: AAP)
    AutoZone Inc. (NYSE: AZO)
    O’ Reilly Automotive, Inc. (Nasdaq: ORLY)
     
    Ranks:
    Zacks Research: 2 (BUY)
    Yahoo Analyst Opinion: 2.2 (BUY)
     
    Targets:
     
    Mean Target:
    15.25
    Median Target:
    16.00
    High Target:
    17.00
    Low Target:
    12.00
    No. of Brokers:
    4
     
     
    History:
     
    Date
    Research Firm
    Action
    From
    To
    Mar 31, 2011
    Stifel Nicolaus
    Upgrade
    Hold
    Buy
    Apr 20, 2009
    Argus
    Upgrade
    Sell
    Buy
    Mar 24, 2009
    Argus
    Downgrade
    Buy
    Sell
    Nov 3, 2008
    Argus
    Upgrade
    Hold
    Buy
    Oct 23, 2008
    Kevin Dann
    Upgrade
    Neutral
    Buy
    Apr 8, 2008
    Stifel Nicolaus
    Initiated
     
    Hold
    Feb 4, 2008
    Credit Suisse
    Upgrade
    Underperform
    Neutral
    Nov 27, 2007
    BB&T Capital Mkts
    Initiated
     
    Hold
    Jul 24, 2007
    RBC Capital Mkts
    Upgrade
    Underperform
    Sector Perform
    Jun 1, 2007
    Cathay Financial
    Initiated
     
    Outperform
     
     
    Chart:
    From Prophet Chart (PBY)
     
    As you can see the chart (2-year chart) above, PBY still has potential to go up to 17.50 – 18.00. There is a resistance at 18.00. This uptrend channel is pretty nice and neat. Good buy now.
     
    PBY website: www.pepboys.com/
     
     
    2. Pier 1 Imports Inc. (NYSE: PIR)
     
    Year first opened: 1962
    Estimated number of employees: 17,000
     
    PIR is a chain of retail stores (over 1,000 stores) selling wide variety of furniture, decorative home furnishings, dining and kitchen goods, and home accessories in the United States, Canada, Mexico, and Puerto Rico.
     
    Competitors:
    Bed, Bath and Beyond (Nasdaq: BBBY)
    Cost Plus World Market (Nasdaq: CPWM)
     
    Ranks:
    Zacks Research: 3 (NYSEARCA:HOLD)
    Yahoo Analyst Opinion: 1.9 (BUY)
     
    Targets:
     
    Mean Target:
    11.80
    Median Target:
    12.00
    High Target:
    12.00
    Low Target:
    11.00
    No. of Brokers:
    5
     
    History:
     
    Date
    Research Firm
    Action
    From
    To
    Jan 13, 2011
    BB&T Capital Mkts
    Downgrade
    Buy
    Hold
    Jun 3, 2010
    Wedbush
    Initiated
     
    Outperform
    Apr 14, 2010
    BB&T Capital Mkts
    Initiated
     
    Buy
    Feb 12, 2010
    Oppenheimer
    Upgrade
    Perform
    Outperform
    Nov 25, 2008
    UBS
    Downgrade
    Buy
    Neutral
    Aug 5, 2008
    KeyBanc Capital Mkts
    Initiated
     
    Underweight
    Jun 25, 2008
    DA Davidson
    Upgrade
    Neutral
    Buy
    Apr 1, 2008
    Deutsche Securities
    Upgrade
    Hold
    Buy
    Apr 1, 2008
    Jesup & Lamont
    Initiated
     
    Buy
    Mar 7, 2008
    Soleil
    Initiated
     
    Hold
     
    Chart:
    From Prophet Chart (PIR)
     
    As you can see the chart (2-year) chart above, the uptrend channel is really good. If it breaks the resistance level at 11, then the stock can go up to 15. Good to buy now.
     
    PIR website: www.pier1.com
     
     
     
    3. Rite Aid (NYSE: RAD)
     
    Year first opened: 1962
    Estimated number of employees: 54,600
     
    RAD is a retail drugstore chain (over 4,780 stores) across the United States. It is the third largest drugstore chain in the U.S.
     
    Competitors:
    CVS Caremark Corporation (NYSE: CVS)
    Walgreen Co. (NYSE: WAG)
    Wal-Mart Stores Inc. (NYSE: WMT)
     
    Ranks:
    Zacks Research: 2 (BUY)
    Yahoo Analyst Opinion: 3.1 (Strong Buy 1.0 – 5.0 Sell)
     
    Targets:
     
    Mean Target:
    1.23
    Median Target:
    1.10
    High Target:
    1.60
    Low Target:
    1.00
    No. of Brokers:
    3
     
    History:
     
    Date
    Research Firm
    Action
    From
    To
    Jul 30, 2008
    Banc of America Sec
    Initiated
     
    Neutral
    Feb 26, 2008
    JP Morgan
    Upgrade
    Neutral
    Overweight
    Dec 21, 2007
    UBS
    Upgrade
    Neutral
    Buy
    Oct 4, 2007
    HSBC Securities
    Upgrade
    Underweight
    Neutral
    Jan 19, 2007
    Goldman Sachs
    Downgrade
    Neutral
    Sell
    Aug 24, 2006
    Rochdale Securities
    Downgrade
    Buy
    Hold
    Apr 26, 2006
    HSBC Securities
    Initiated
     
    Underweight
    Apr 10, 2006
    Credit Suisse
    Upgrade
    Underperform
    Outperform
    Mar 8, 2006
    JP Morgan
    Downgrade
    Overweight
    Neutral
    Mar 1, 2006
    Goldman Sachs
    Upgrade
    In-Line
    Outperform
     
    Chart:
    From Prophet Chart (RAD)
     
    As you can see the chart (5-year chart) above, RAD does not look too good. It has a resistance level at 1.50 and a support level at 0.81. I would not buy this stock simply because it is too risky.
     
    RAD website: www.riteaid.com



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    Enjoy Thursday!!!!!! =]
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